CoreLogic study finds homeowners regain $1 trillion in equity last year

September 25, 2014
According to a study by property analytics company CoreLogic, homeowners in the U.S. regained $1 trillion worth of equity in the second quarter from the year-earlier period.
The study also showed that 950,000 homes returned to positive equity during the three months ending June, which means the total number of mortgaged residential properties in the U.S. with positive equity today is more than 44 million. On the other hand, about 5.3 million homes, 10.7 percent of all mortgaged residential properties, were still worth less than their mortgages in the second quarter.